PetVivo Holdings, Inc. (NASDAQ:PETV – Get Free Report)’s share price rose 9.9% during mid-day trading on Monday . The stock traded as high as $0.56 and last traded at $0.55. Approximately 53,191 shares traded hands during trading, an increase of 139% from the average daily volume of 22,269 shares. The stock had previously closed at $0.50.
PetVivo Stock Up 8.4 %
The company has a quick ratio of 0.47, a current ratio of 0.42 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $13.22 million, a price-to-earnings ratio of -1.23 and a beta of 1.85. The business’s 50-day moving average is $0.58 and its 200-day moving average is $0.59.
About PetVivo
PetVivo Holdings, Inc, a biomedical device company, engages in the manufacturing, commercializing, and licensing of medical devices and biomaterials for the treatment of afflictions and diseases in animals. Its lead product is Spryng, a veterinarian-administered, intraarticular injection for the management of lameness and other joint afflictions, such as osteoarthritis in dogs and horses.
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